U.S. Strikes Iranian Territory and Drone Sites Amid Ongoing Draft Negotiations

U.S. Central Command conducted a series of "self-defense strikes" this weekend against Iranian radar and drone command-and-control facilities located in Goruk and on Qeshm Island. The operation represents a significant development in the regional conflict, as the strikes directly targeted Iranian sovereign territory rather than maritime proxies or vessels. U.S. officials have characterized the actions as defensive enforcement measures intended to degrade Iran’s ability to coordinate drone operations. On the diplomatic front, Iranian state media reports that Tehran is currently revising a draft memorandum of understanding recently amended by the Trump administration. While both sides continue to exchange proposals, Iranian chief negotiator Mohammad Bagher Ghalibaf expressed skepticism regarding Washington's reliability, asserting that Iran will not agree to any terms that do not fully protect its national rights. These developments are unfolding against a backdrop of intensifying regional military activity, including Israel’s deepest ground push into Lebanon in a quarter-century. The combined pressure of direct military strikes and regional escalations has begun to impact global markets, with the U.S. dollar strengthening as investors react to the increased geopolitical uncertainty and the potential for further spillover.